MyCredit Limited has signed a KES 1.2 billion Memorandum of Understanding (MOU) with Enkisoma Africa Limited to finance and accelerate digital transformation in private schools across Kenya.
The partnership will provide schools with access to computer labs, laptops, software, digital learning content, and other technology infrastructure through MyCredit’s education financing product, Kuza Elimu. The initiative aims to ease one of the sector’s biggest bottlenecks: the high upfront cost of adopting digital tools.
Speaking during the signing ceremony, MyCredit Managing Director Wangaruro Mbira said the financing model is designed to eliminate the capital barriers that prevent institutions from digitizing.
